Naspers plans to lessen its exposure to China’s Tencent by reducing its stake from 33.2% to 31.2%, the JSE-listed technology and media group said in a statement to shareholders on Thursday. It will dispose of up to 190m shares

Facebook CEO Mark Zuckerberg outlined some concrete steps the social network will take to protect user data, his first public response to the crisis over Cambridge Analytica’s access to information from the platform. He said

MTN has announced adjustments to its prepaid data bundles as well as pricing in a move it says is “in line with customer needs and market trends”. The new bundles and pricing, effective 5 March 2018, reduce what

Telkom has raised R1bn in its first debt issue of the year as South Africa’s biggest landline provider looks to invest in its network and take on rivals including MTN Group and Vodacom Group. After a five-year hiatus, Telkom started

Huawei is rethinking its retail strategy in South Africa after its deal with its former partner, Fantastic 1 Mobile, broke down in a legal dispute last year. If negotiations with a possible new local partner are not fruitful

Huawei will roll out a streaming music service and a mobile payments system in South Africa in the coming months, the Chinese electronics giant said on Tuesday. Mosa Hlobelo, senior manager of business development